Where and How to Lend PAX Gold (PAXG)

Introduction

Lending PAX Gold can be a great option for those who want to hold PAXG but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Obtain PAX Gold (PAXG) Tokens

   To lend PAX Gold, you need to have it. To acquire PAX Gold, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	PAX Gold (PAXG)	3,098
   Uphold	PAX Gold (PAXG)	3,094.42
   YouHodler	PAX Gold (PAXG)	3,095.76
   Kraken	PAX Gold (PAXG)	3,103.96
   Binance	PAX Gold (PAXG)	3,097
   MEXC Global	PAX Gold (PAXG)	3,103.28

   See all 42 prices

2. 2. Choose a PAX Gold Lender

   Once you have PAXG, you’ll need to choose a PAX Gold lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Nexo	PAX Gold (PAXG)	Up to 7 AER
   YouHodler	PAX Gold (PAXG)	Up to 12 AER
   Kucoin	PAX Gold (PAXG)	Up to 0.29 AER

   See all 7 lending rates

3. 3. Lend Your PAX Gold

   Once you’ve chosen a platform to lend your PAX Gold, transfer your PAX Gold into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back whilst your crypto earns interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compound interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.